The Act Created to Protect Workers and Their Families So

question 44

Multiple Choice

The act created to protect workers and their families so that they can get and maintain health insurance if they change or lose their jobs is called the

• A) Consolidated Omnibus Budget Reconciliation Act (COBRA).
• B) Health Care Finance Administration Act (HCFAA).
• C) Bush Fair Health Act (BFHA).
• D) Health Insurance Portability and Accountability Act (HIPAA).

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Definitions:

Market Rate

The prevailing interest rate available in the marketplace for instruments of comparable risk and maturity.

Bond Certificates

Documents that serve as legal proof of ownership of bonds, detailing the terms of the bond issue such as its maturity date, coupon rate, and issuer.

Market Value

The price that a buyer pays to purchase shares of capital stock in the open market. Of course, for every buyer there is a seller.

Face Value

The nominal or dollar value printed on a security or instrument, such as a bond or currency note.